On-chain data shows the memecoin Pepe currently has 80% of its holders in profit. Here’s how Dogecoin, Bitcoin, and other top coins compare. PEPE Is Among The Coins With The Highest Profitability Ratio Right Now In a new post on X, the market intelligence platform IntoTheBlock has shared a chart that shows how the various top cryptocurrencies compare against each other regarding the percentage of holders carrying a net unrealized profit currently. The analytics firm has determined these percentages using on-chain data; the transaction history of each address on a given network can reveal at what price it received and how many coins it received, based on which an average cost basis can be calculated. Related Reading: IntoTheBlock Reveals Fact About Current Bitcoin Situation Analysts Are Puzzled By Naturally, the addresses or holders with this cost basis below the current spot price are in the green. They would contribute towards the holders in profit metric for the blockchain. Now, here is the chart posted by IntoTheBlock, which shows how this metric is looking at the mo ..
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